03-18-2021 Agenda Packet DJOURNMENT A K.S.A. 75-4319(b)(4). The open meeting will resume in this room at ____ AM. s pursuant to corporations, partnerships, trusts and individual proprietorshipcrets of need
to discuss data relating to the financial affairs or traded sesed upon the discuss the subject of a specific economic development project bas to of Directors recess into an executive
session for _____fifteen (15) minuteoard B I move that the Salina Community Economic Development Organization (5.1) Discussion of Prospective Industry (__ minutes) ESSION S XECUTIVE
E (4.5) Prospect Update (4.4) Process for Prospect/Company Review (4.3) Budget Process (4.2) Video Company Selection - Next Date - Releasing/Reviewing Updated Document
(4.1) Strategic Plan Update /Ady Advantage EPORT R S ’IRECTOR D ELSH W ODD T –OUSING H –POTLIGHT S PEAKER S (3.1) February Financial Reports AYABLE P CCOUNTS A &TATEMENT S
INANCIAL F PPROVAL OF A INUTES M PPROVAL OF A Public Comments (1.2)Confirmation of Meeting Notice/ More Formal-Identify Yourself (1.1)AM 9:00 @ ALL C OLL R RDER AND O ALL
TO C 9:00AM AT 2021 18,ARCH M NNEX A ALINA S ISIT V –OMMERCE C HAMBER OF C REA A ALINA S GENDA A EETING M IRECTORS D OARD OF B www.salinaedo.org.404.3131 | 120 W. Ash |
Salina, KS 67402-0586 | 785
corrections. Aye: (8). Nay: (0). Motion carried. 21, 2021 minutes with noted Moved by Brungardt, seconded by Hampton, to approve the January INUTES M PPROVAL OF A No public comments.(1.2)
Public Comment Absent: Brian Richardson Joan Ratzlaff, Workers’ Coalition, Salina Roger Sparks, County Commissioner, Saline County Mike Hoppock, City Commissioner, City of Salina
Greg Stephens, Salina Media Connection Mike Schrage, City Manager, City of Salina (GTM) Alan Eichelberger, President, Sunflower Bank (GTM) TM) Renee Duxler, Dir. of Economic and Workforce
Dev., Salina Chamber of Commerce (GTim Rogers, Salina Airport Authority, Executive Director (GTM) trative Assistant Robin VanAtta, Salina Community Economic Dev. Organization Administive
Director Mitch Robinson, Salina Community Economic Development Organization ExecuAlso present: Max Wellbrock-Talley Lloyd Davidson John Gunn Jim Maes
Pete Brungardt Paula Fried Frank Hampton Cheryl Murray In person: GoToMeeting (GTM): Those present and comprising a quorum: media. release, and social Robinson
confirmed that the meeting notice was made public via email, news(1.1) Confirmation of Meeting Notice called to order at 9:00 AM by Lloyd Davidson, Board President. t Organization,
Inc. was The Regular Meeting of the Salina Community Economic Developmen ALL TO ORDER AND ROLL CALL C Via in person and GoToMeeting Link 9:00 a.m. February 18, 2021 ORGANIZATION, INC.
NT REGULAR MEETING OF THE SALINA COMMUNITY ECONOMIC DEVELOPME CITY OF SALINA, KANSAS
interest. on collected community will draft a basic framework for moving forward with projects basederest? Robinson How do we determine what projects we deem viable based on community
intGauging Community Interest for Future Projects (Fried) Developer out of Philadelphia; 80-acre site south of Water Well Road ial air transport; 21-1 (Project Falcon) – SAA project;
warehousing with ground and potent asked a few additional questions since receiving proposal ess; Project rep 21-2 (Project XLR8) – KDOC manufacturing project; 200+ acre site with rail
acc(4.4) Prospect Update program. There has been some discussion about making modifications to extend the OZ ntives available. tract 1 overlaps the Neighborhood Revitalization Area
that already has incee board that the OZ Are the Opportunity Zones still a viable incentive? Schrage reminded thOpportunity Zone Question (Murray) available housing stock, tools,
and incentives available, etc. ould revisit the approached the City asking for subsidies or incentives. A housing study w developers have are driving the need for housing due to
the influx of jobs and workers. 7+pansion projects The City Commissioners had a study session on housing on 2/1/2021. The exHousing Update (Schrage) d prospects. Davidson also suggested
that the EDO focus on marketing the community an 7). EDO Matrix to Gauge Success 6). Entrepreneurial Challenge and StartUp Salina Reboot 5). Website Update with Video Testimonials
4). Certified Sites 3). Budget Renewal with Member Partners 2). Childcare 1). Housing Priority Areas for 2021: (4.2) Activity Updates 3). Distribution / Warehousing2). Agriculture
1). Aerospace the board packet for this meeting. The three target areas included: sent out in Our office received the Interim Report from Ady Advantage on 2/17/2021 and was (4.1)
Strategic Plan Update / Ady Advantage EPORT R S ’IRECTOR D Aye: (8). Nay: (0). Motion carried. uary 2021 financial statements. Moved by Hampton, seconded by Brungardt, to approve
the FebrFebruary Financial Report AYABLE P CCOUNTS A TATEMENT AND S INANCIAL F PPROVAL OF A
Cheryl Murray, Board Secretary___________________________________________ ATTEST: Lloyd Davidson, Board President ______________________________________________________________
____________________ (0). Motion carried. ng at 10:02 AM. Aye: (8). Nay: Moved by Brungardt, seconded by Hampton, to adjourn the meeti DJOURNMENT A No Executive Session needed.
ESSION S XECUTIVE E
Feb 28, 21Page 1No Assurance is provided on these financial statements As of February 28, 2021 Accrual Basis Statement of Financial Position 03/16/21 Salina Community Economic Development
Organization, Inc.12:22 PM264,683.25TOTAL LIABILITIES & EQUITY 264,604.6027,373.50 Net Income 237,231.10 Retained EarningsEquity 78.65 Total Liabilities 78.65 Total Current Liabilities
782.91 Total Other Current Liabilities 782.91 Total Payroll Liabilities-765.20 Payroll Liabilities - Other-194.00 State Unemployment Taxes 0.01 Federal Unemployment Taxes 528.98 State
W/H Taxes 1,186.56 Federal W/H Taxes 197.26 Medicare Taxes-170.70 FICA TaxesPayroll LiabilitiesOther Current Liabilities-22.32 Total Credit Cards-22.32 VISA - First Bank Kansas-681.94
Total Accounts Payable-681.94 Accounts PayableAccounts PayableCurrent LiabilitiesLiabilitiesLIABILITIES & EQUITY264,683.25-147.95 Total Fixed Assets-147.95 Total Furniture and Equipment
6,145.49 Furniture and Equipment - Other-6,293.44 Accumulated Depreciation - F&EFurniture and Equipment 264,831.20 Total Current Assets 6,074.94 Total Other Current Assets 6,074.94
Prepaid Health InsuranceOther Current Assets 258,756.26 Total Checking/Savings 75,541.84 First Bank Kansas 183,214.42 First Bank Kansas-Sweep AcctChecking/SavingsCurrent AssetsASSETS
Jan - Feb 21Page 1No assurance is provided on these financial statements January through February 2021 Accrual Basis Statement of Activities w/Prev Year Comparison 03/16/21 Salina Community
Economic Development Organization, Inc.12:23 PM-3.9%28,470.8227,373.50Net Income-3.9%28,470.8227,373.50 Net Ordinary Income 2.0%44,624.9845,493.77 Total Expense-100.0%1,679.930.00 Total
Travel and Meetings-100.0%885.770.00 Travel 0.00729.73-100.0%Conference, Convention, Meeting 0.0064.43-100.0%MealsTravel and Meetings 31,472.9830,414.443.5%Total Payroll Expenses 1.2%25,905.3026,208
.36 Wages & Salaries 2,081.440.00100.0%Payroll Taxes 1,000.001,000.000.0%Car Allowance 1,344.802,670.76-49.7%Director Health & Life Ins 838.38838.380.0%Employee Health InsPayroll Expenses
615.58281.34118.8%Total Other Types of Expenses-56.0%30.8213.56 Other Costs 351.500.00100.0%Insurance - Liability, D and O 250.52250.520.0%DepreciationOther Types of Expenses 12,408.9310,184.2721.8%
Total Operations 8.2%425.54460.35 Telephone, Telecommunications 70.84376.28-81.2%Supplies 7.0434.80-79.8%Printing and Copying 3,182.700.00100.0%Books, Subscriptions, Reference 7,989.003,316.40140.9%A
dvertising/Promotion 0.00695.28-100.0%Training Fees 699.005,000.00-86.0%Dues & Subscriptions 0.00335.97-100.0%StartUp Salina ExpensesOperations 956.281,530.00-37.5%Total Contract Services-37.5%1,530.
00956.28 Accounting FeesContract Services 40.00535.00-92.5%Total Business Expenses 0.0%40.0040.00 Miscellaneous Expense 0.00495.00-100.0%MembershipsBusiness ExpensesExpense 72,867.2773,095.80-0.3%Gro
ss Profit-0.3%73,095.8072,867.27 Total Income 0.2%72,625.0072,750.00 Member Contributions 117.27470.80-75.1%Total Investments-75.1%470.80117.27 Interest-Savings, Short-term CDInvestmentsIncomeOrdinar
y Income/Expense% ChangeJan - Feb 20
Salina Community Economic Development Organization, N? ????????? ?? ???????? ?? ????? ????????? ??????????F??????? ???? 1,092.30
2,670.76 1,344.80 1,998.36672.40 Director Health & Life Ins 1,166.67 838.38 838.38
419.19419.19 Employee Health Ins - - - --Director Relocation Expense
921.25 - - --Retirement Contribution Payroll Expenses
1,083.86 281.34 615.58 156.08133.78 Total Other Types of Expenses 833.34
- 351.50 --Insurance - Liability, D and O 30.82 13.56 30.828.52
Other Costs 250.52 250.52 250.52 125.26125.26 Depreciation
- - --Taxes & LicensesOther Types of Expenses 1,623.18 10,184.27 12,408.93
8,224.2610,528.43 Total Operations 471.50 425.54 460.35 137.78144.70 Telephone, Telecommunications
333.34 376.28 70.84 192.0119.99 Supplies 83.34
34.80 7.04 31.207.04 Printing and Copying 25.00 -
- --Postage, Mailing Service 500.00 - 3,182.70 -3,182.70 Books, Subscriptions,
Reference 83.34- - --Repairs & Maintenance
- 3,316.40 7,989.00 2,619.406,624.00 Advertising/Promotion 695.28 -
35.00-Training Fees 126.66 5,000.00 699.00 5,000.00550.00 Dues & Subscriptions
- 335.97 - 208.87-StartUp Salina ExpensesOperations 2,770.00
1,530.00 956.28 1,005.00956.28 Total Contract Services - ? ?Business Registration Fees
- - - --Contract Services - Other
- - - --Outside Contract Services 2,103.32 1,530.00
956.28 1,005.00956.28 Accounting Fees 666.68 ? -Legal FeesContract Services
690.70 535.00 40.00 320.0020.00 Total Business Expenses -
- - --Business Registration Fees - 40.00 40.00 20.0020.00
Miscellaneous Expense 524.04 - - --Marketing Events
166.66 495.00 - 300.00-Memberships - -Pass Through PaymentsBusiness
ExpensesExpense 48,500.00 73,095.80 72,867.27 5,369.3172,807.71 Gross Profit 48,500.00
73,095.80 72,867.27 5,369.3172,807.71 Total Income -- ? -Grants
-- -Miscellaneous Revenue - --Pass Through Income
233.33 470.80 117.27 244.3157.71 Investments-Interest 48,500.00
72,625.00 72,750.00 5,125.0072,750.00 Member Contributions - - --Marketing
Events Sponsorships - -Start up Salina IncomeIncomeOrdinary Income/Expensean - Feb 21February 2021February 2020Jan - Feb 21Jan - Feb 20JActualActualActualAc
tualBudget YTD January through February 2021 Statement of Activities w/Prev Year Budget Comparison Inc.
Salina Community Economic Development Organization, N? ????????? ?? ???????? ?? ????? ????????? ??????????F??????? ???? 22,325.26 28,470.82
27,373.50 (21,255.13)45,432.73Net Income 22,325.26 28,470.82 27,373.50 (21,255.13)45,432.73 Net Ordinary Income
26,174.74 44,624.98 45,493.77 26,624.4427,374.98 Total Expense 708.33
1,679.93 - 897.37-Total Travel and Meetings - - --Travel and
Meetings - Other 500.00 885.77 - 877.27-Travel
- 729.73 - --Conference, Convention, Meeting 208.33
64.43 -0.0020.10 MealsTravel and Meetings 19,298.67 30,414.44 31,472.98 16,021.7315,736.49 Total Payroll
Expenses 14,168.46 25,905.30 26,208.36 13,104.1813,104.18 Wages & Salaries
1,449.99 - 2,081.44 -1,040.72 Payroll Taxes 500.00 1,000.00 1,000.00
500.00500.00 Car Allowancean - Feb 21February 2021February 2020Jan - Feb 21Jan - Feb 20JActualActualActualActualBudget YTD January through February 2021 Statement of Activities
w/Prev Year Budget Comparison Inc.
T????????????? ???? ??????? ????? ????? ?? ?? ?? ??? K????? D????????? ?? ?????? O??? ??? EDA ????? ?? ????????? ???? ?? ??? ????????? ???? ??? ????????? S??????? C??? ?? S?????
??? ???????????? ?? ??????? ??? ???????? ?? ???????? ????????? ?? EDA ????? ?? ??? ???? ?? ??????? IRB?? ??? ????? ??????? ???????????? A???? ????????????? ?? ???? ???????? W??? ?????????
???? P?????? R??? ??? P?????? G??????PROSPECT MANAGEMENT ?????? ??????????? ?? ???? ?? ???? ?????????? ??????? ?????? S????? ???????? T??? ????? ???? ?? ??? L?????? ?? ???????
??? ?? ??????? ??? ????????? S?????? ???? ?? ???????? ??? ??? ?? ?Q ?? ????? ?Q? ? ?????? ???? ?? ????? ?? ??? ??????? T??? ?????????? ? ??????????? ??? ??????? ???????? ????? ? K??????
W??? ???? ????? ?? C?????? ??? ????? ???????? ???? ??? SBA ??? SBDC ??????????? ????????? ?? ??? W?????? SCORE W? ???? ????????? ??????? ?????? ???? ??????????? ?? ETREPRENEURSHIP
? SMALL BUSINESS DEVELOPMENT ???? ????????? ????????? ?? ??????? ???????? N??????? ?????????? ????????? ?????????? ?? ???????? ?? S????? ??? ??? ?? ???? ??????? ???? ????? ????????
??????? ?????????? ???? ??? ??? C?????????? W? ????????????? A? ??????? ??????? ????? ???? ???????? ????????? ????? ???? ?? K????? ?? ????? ??? ??? ????? ???? ???? ?? ??? ??????????
?? ??? ????? M????? ?? ??? ?????? A? ??? A???? ?????????? ??????? ???? ?? ?? A???? ? ??? M?? ? ?? T?? ???? ??? C??? C????????? S???? S??????? ?? ????WORKFORCE TALENT AND HOUSING ???
A??????? ???? A?? A????????? ???? ??? ??? ????? ?????????? ???? J???? A?? ??? J?? ?????? ???????? W??? ???? ???????? ??? ???? ??????? ??? ??? ?? ??? ????? ????? ???? ??? ?????????
H??? ???????? ?? ?? ??? ????????? R??????? ??? ???????? ?? ??? A?? A???????? ????????? ?STRATEGIC PLANNING ???? ?? ??? ???? ?????? ??? ?? W??????? ??? ????? ?????? H??? ???? ????
???? ????????? W? ???? ?? ??????? ???? ?? ? ???????????? ???? ???? ???? ?????? ??????? ??? C??? ????? W?????? ?? ??????? ? Z??? ???? ???? K????? C???? ?? O????? S?? L???? ??? ???
K????? C??????? ?????? ????????? ?????????? ?????? ???? ???????? ???? ?? ???? K????? D????????? ?? C???????? ??????? ?? ??? ??? ?? ??? ?????? W??? ?? ???????? A?? ???? ???? ????
?? ??? T??? ???? ?? ??? ??????? A?????? B???? ?? D???????? MARKETING ? PROMOTION MARCH ???? REPORT
????????? ? ??? ??????? ???? ????????? ? ??? ??????? ???? ????????? ? ??? ??????? ????? S???? U? S????? F??????? G???? ???? ??? P??? L?????? P??? V???? ??? P???? R??????
?? P??? E??????F??????? ? ????????? ? ????????? ?????? ??? P??? L??????? P??? V???? ????? P???? R?????? ??? P??? E???? F??????? ? ????????? F??????? ????? ??? P????????
P???S?????? ???? A?? S?????? ??? ????? ??? N?? U???? ??? S??????? ???? W?????? ?????????? ? ????????? ??? P???????? ?? ???? A?? S?????? ??? ????? ??? N?? U???? ??? S???????
???? P???S????W?????? ? ????????? F??????? ????? MONTHLY WEB?SOCIAL MEDIA STATISTICS ??????? ?? ????? ??????? ?? ????? ??? ?????? W? ???? ????? ???? ?? ??? ????? S????? ?????????????
??? C???????? S???? ??????? ??? A ?????? ??????? ??? ???? ?? ??? ??? KS DOC ????? ???SITES ? BUILDINGS ? TOOLS? ??????? ?S?? ??? M???? ???? P??????? T????? ? ?? ??? ??????????? ???????
????? T?? ????????? ????????? ???? ???? ???????? ?? ???? ?? W?????? ????? ??????? ?? ???????? ??? ??????????? ????? ?? ??? ?? ??? ??? ?????????? A W? ???? ? ?????? ?? ?????????? ?????????
?????? ??????? ??????? ?? ??? ??????? ?? E? D?????? W? ???? ???? ???? ??????? ???? ??? C?????? ?? C?????? MRO ?????????? ?? ???? ?? ???????? ???????????? ???????? ??? ????? ?P??????
F?????? ??? S?????? ??? ???????? ???????? ??? ????????? S????? ???
Prospect Table March 2021 Prospect Table DELAYEDSUCCESS ELIMINATED NEWINACTIVE ACTIVE 3/16/2021 jepardize the progess of these pending projects. Discussion of this information
outside of this meeting couldThis information is strictly CONFIDENTIAL.????? ?????????????? ?Y??? ???? ?? C???????P?????????M??? R???????????????F??? P?????????NEW KDOCS?????P??????
????M????????????U??????????????????? A???? ??????? M P???????????S???????? ????????R??????? OUTKDOCP?????? XLR?????R?????L?????? ??? ? M SQ???G????? S???????P??????? A?? ? ????????F????
Q?W??????????A?????SAA D????? C??????F?????P?????? ????B??????? ?????? E??? H??????????? SF????????????????????A??????? L???? H???????A????? KDOCP?????? C?????????SAA?? ??????????????
??????? ???? ? ??????????????????A???????? M?????? A????? KDOCA????P?????? ??????? ???????????? SF????? ?????R????? A????? ?? ??????????????????????????????????S????
A???????B????????? A?????????A?????KDOCZ?????????????? SF????????????? ?? ???? ??? M????????????A?????? E???????? ????????F??? ???????? ??????????A?????KDOCF???????P??????
????????????????????NA??K???K SFC?????P??? ??? P??? C??? ? B?C???????????? ??? B?B C??? C????? ??? ???? ?????????A?????KDOCP?????? R????????SFS?????? ??????? L???????N??? A??????? ??????????????????
A?????KDOCP?????? V?????????????????????? ?? ?? ??????? ??????????????M?????? ???????????????S?????? ??????? ??B???? A?????????????????A?????KDOCA?????P?????? ??????????? SFB???????A??????
?? OKO???????? ?? H?? ??M??????????O????????E?? C????????? ?????????????????? ??? S?????? ???? ?? ????????V?????? ??A?????SAA ????????R??????P?????? ???????????? ??B??????? U? ?? L??????
??? ????R??????D?????? ?????????????O????????S?????? ????? ?????????????S???????? ?????????A?????D????? C??????D????????O???? ?????SFW??? B???? ?????? O?? S???R?????????A? ? ???????????
???? ?????????????????? ??? ???? R????? ??? ??????? ??? S?????B??????? ?? S???? C?????????C????? M?? ???? ??????????A?????D????? C??????P?????? T????????InvestmentNicheAcreage RequiredSquare
FootageSalaryAverage (New)Jobs DescriptionBusiness DateDecision Milestone / Contact DateStatusProject Client SourceNameProject Code #
Prospect Table March 2021 Prospect Table DELAYEDSUCCESS ELIMINATED NEWINACTIVE ACTIVE 3/16/2021???? B????????????????I????????M????????????N??? B????????????E? D?NEW R??????P??????
R?????????F??????????L???? M???? I????????M???? F??????????N??? B???????????????????R??????? NEW D?????N?????P?????? ????InvestmentNicheAcreage RequiredSquare FootageSalaryAverage (New)Jobs
DescriptionBusiness DateDecision Milestone / Contact DateStatusProject Client SourceNameProject Code #